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Turkey’s home sales rise 1% in March

by ChemOrbis Editorial Team - content@chemorbis.com
  • 26/04/2016 (11:43)
According to data from the Turkish Statistical Institute (TUIK), Turkey’s home sales rose 1% to 117,205 units in March compared with the same month of 2015 following a 7% increase in the previous month.

Istanbul had the highest share of home sales at 18.8% with 21,993 units, followed by Ankara (10.9%) and Izmir (6.4%). The smallest number of home sales, meanwhile, was recorded in Ardahan with 10 units, followed by 19 units in Şırnak and 20 units in Bayburt.

New home sales held a 44.7% share of Turkey’s total house sales in March with 52,374 units, up 1.7% from the same period of 2015. Istanbul recorded the highest number of new home sales with 10,216 units, followed by 4,838 new sales in Ankara and 2,860 in Izmir.
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